Indefinite delivery, indefinite quantity (IDIQ)
A US contract type where the amount and timing of work is not fixed up front; the agency places task orders as needs arise. Many large federal IT vehicles are IDIQs.
Also called: IDIQ
Related terms
- Call-off contract
- A contract awarded under a framework agreement or standing offer for a specific job. The framework sets the terms; each call-off sets the work and price.
- GSA Multiple Award Schedule (MAS)
- A long-term US federal contract run by the General Services Administration, under which agencies buy commercial products and services, including IT, from approved vendors at pre-negotiated prices.